This Morning the Senate passed a compromise bill two hours after the deadline for the “fiscal cliff” bipartisan bill was to take effect.
The vote was 89-8 an even wider margin bipartisan margin than the bill it replaces. Only 3 Democrats and 5 Republicans voted against the measure that will now go to the house.
With such an overwhelming imprimatur from both sides of the aisle in the Senate, it is impossible that this bill will fail in the house. Every member of the tea party caucus may oppose it, speak against it, and can argue the case for responsibility to no avail. There will be plenty of votes on both sides of the aisle to pass this deal.
That we are passing 100+ page bills that nobody has read at 2 AM on New Years day is bad.
That we are raising more taxes on small business at a $41 in tax increases not counting all the Obamacare taxes that are now kicking in, for each dollar of spending cuts, is worse.
But the thing that really bothers me beyond both is this: We have problems, problems that requires courage to solve. It took a lot of pain and effort to achieve what had previously been done and as Veronique de Rugy tells us it wasn’t much:
The alleged brutality of the cuts is one of the biggest myth of 2012. For the most part, the sequestration “cuts” aren’t really cuts at all. According to the Congressional Budget Office, discretionary spending would grow from $1.047 trillion to $1.234 trillion without sequestration. With the sequestration cuts in place, it will instead grow from $1.047 to $1.147 trillion. Medicare, which also faces cuts in the sequestration process, follows a similar trend. That means that going through with sequestration is just the beginning. It won’t make a dent in the size of our debt, and more cuts will be needed in the future.Yet both sides oppose fulfilling the deal they agreed upon.
and now even that has been undone.
Without controlling spending we are heading toward disaster. As de Rugy points out above, the sequestration cuts….were not cuts and a whole lot more was needed beyond sequestration to get us out of the hole we’re in and now we aren’t event going to do that.
Amazingly despite the date this was done by a cold sober senate and will be passed by a cold sober house to the cheers of the media that will celebrate the cowardice of a nation and its elected leaders.
Marco Rubio, one of the few votes against said it well:
“I ran, just two years ago, on the idea that I wanted to be part of solving the long-term problems this country faces. Time and again, we’re given choices here that don’t involve that.”
“The real fiscal cliff is still there,” he said. “We’ll be back here again. In March, we’ll have a showdown like this all over again.”
And what will happen then? Will the GOP grow a spine? Will the democrats learn to count? I wouldn’t bet on it. If we can’t make the tough calls when left & right have the fear of God, or at least the voters in them how will we do it otherwise?
As I’ve said many times we always get the government we deserve, but I really thought we deserved better.